Friday, April 4, 2008

Sharing BPM - Strategy "Quote and Riddle"

The Zone Regency - The Burning Platform

" Without a strategy the organization is like a ship
without a rudder, going around in circles"
Joel Ross and Michael Kami

Alice : Which way should I go?
Cat : That depends on where you are going.
Alice : I don't know where I'm going!
Cat : Then it doesn't matter which way you go!
Lewis Carrol 1872
Through The Looking Glass

What is strategy?
A strategy consists of the set of action and approaches that an organization employs to manage the stakeholders affairs.
Strategy is  management's "game plan" to 
  • satisfy the customer
  • Stake out a position both locally and internationally
  • Conduct operations
  • Complete successfully
  • Achieve organisational objective and mandate.
"Less than 10% of strategies effectively formulated are effectively executed"
"90 % of organizations do not execute strategy successfully"
from Fortune Magazine

What is Vision ?

"Where there is no vision, the people perish."

"Vision without action is merely a dream. Action without
vision just passes the time. Vision with action can change the world,"
Joel Barker.

One of the greatest leadership challenges is to articulate a clear, concise vision of what you want your world to look like - and then to be able to continuosly change and update the view as situation change.
Without vision, your world will spin, but you won't make much progress. Without a willingness and ability to adapt your vision, the dreams you share will grow stale and uninspiring.
Get clear about where you are headed, but constantly adapt the picture you're painting and communicate those changes to those you lead. That will make it easier for others to follow.